Naples FL – Go Coastal – Quick look at Market Activity

The strong sales activity in the Naples coastal area is still the most contributing factor to the healthier real estate market we’ve been seeing this summer. Here is a quick look at some of the important numbers:

The overall median closed priceincreased 9 percent, from $175,000 to $190,000, for the 12-month period ending July 2012.

Overall pending sales increased 16 percent in the $500,000 to $1 million category, from 931 units to 1,078 units, for the 12-month period ending July 2012. Overall pending sales increased 12 percent in the $1 million to $2 million category, from 413 units to 462 units, for the 12-month period ending July 2012.

Overall inventory decreased by 12 percent, from 7,010 in July 2011 compared to 6,188 in July 2012. Pending sales with contingent contracts are included in the overall inventory number.

Overall pending sales in the Naples coastal area increased 11 percentfrom 1,747 units to 1,940 units, and closed sales increased 11 percent, from 1,541 units to 1,718 units, for the 12-month period ending July 2012.

For a detailed report on the sales activity in any particular community,

contact Ellie @ 239-776-5077 or Tim @ 239-272-4848

Here is some of the finest Coastal Living communities in the Naples & Bonita Beach areas: